Ryse Commons

Analysis

Ryse Commons is a registered charity in United States, based in Richmond, CA. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ryse Commons reported income of $810k and spending of $601k, leaving 26% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.1m to $810k (-30%), an average of -8.4% a year. The sharpest change came in the year to June 2023, when income rose by 526%. Over the whole period it spent 28% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Ryse Commons sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include At Home Group Inc ($809k), Downtown Billings Bid Inc ($810k) and Tampa Bay Heat Home Education Activities Teams Inc ($809k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 41% of the total. At year end it held assets of $12.2m against liabilities of $10.7m, net assets of $1.6m.